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2201 UPPER WETUMPKA RD
MONTGOMERY, AL 36107
Asking Price
$3.73M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
100% LIHTC in Extended Use Period <ol><li><strong>Secure Living: Controlled access </strong>entry points provide peace of mind and enhanced security for all residents.</li><li><strong>Private Outdoor Space</strong>: Select units include balconies, offering residents private fresh-air retreats.</li><li><strong>On-Site Facilities</strong>: A dedicated laundry room provides additional convenience and a steady secondary income stream for the owner</li><li><strong>Location:</strong> Property in close proximity to Montgomery CBD,
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NOI
$80,000
Cap Rate
2.14%
DSCR
0.36
Underwater
Cash-on-Cash
-12.64%
Monthly Payment
$18,459.803
Annual Cash Flow
$-141,517.639
